Indemnity Payment Date definition
Examples of Indemnity Payment Date in a sentence
If an Indemnifying Party so disputes any such claim, the Indemnifying Party shall make payment of any amount of such claim which is not disputed by not later than the Indemnity Payment Date, and shall withhold payment of the disputed amount of such claim until final determination of liability with respect to such claim in accordance with this Agreement, whereupon the Indemnifying Party shall pay the amount so determined to be owed.
Not later than three (3) Business Days prior to each Indemnity Payment Date, IntesaBci shall provide to ATA an estimate of the Indemnity Payment payable on such Indemnity Payment Date in accordance with the immediately preceding sentence.
Not later than one Business Day prior to each Indemnity Payment Date, IntesaBci shall provide ATA with an invoice specifying the Indemnity Payment payable on such Indemnity Payment Date, which invoice shall be prima facie evidence of ATA's obligation to pay such Indemnity Payment.
Not later than one Business Day prior to each Indemnity Payment Date, CSFB shall provide Northwest with an invoice specifying the Indemnity Payment payable on such Indemnity Payment Date, which invoice shall be prima facie evidence of such Indemnity Payment.
Any amount payable pursuant to this Section 6.1(b) shall be payable upon the earliest of the Retirement Date, the Purchase Date or the Payment Date with respect to a liquidation of Chaparral (the "Economic Loss Indemnity Payment Date").
On the Covered Loss Indemnity Payment Date, if there would, but for the payment provided for pursuant to this Section 6.1(b), exist a Covered Loss, El Paso shall supply to the Class A Shareholder and each Equity Investor computations setting forth in reasonable detail the basis on which the amount payable pursuant to this Section 6.1(b) is determined.
On the Economic Loss Indemnity Payment Date, if there would, but for the payment provided for pursuant to this Section 6.1(b), exist an Economic Loss, El Paso shall supply to each Certificateholder computations setting forth in reasonable detail the basis on which the amount payable pursuant to this Section 6.1(b) is determined.
Not later than three Business Days prior to each Indemnity Payment Date (in the case of an Indemnity Payment Date that is a Prepayment Date, two Business Days prior to such Indemnity Payment Date), CSFB shall provide to Northwest an estimate of the Indemnity Payment payable on such Indemnity Payment Date in accordance with the immediately preceding sentence.